Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 06-01-2024 , and ending 05-31-2025
Name of foundation
THE STOWERS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)6731 W 121ST STE 206
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LEAWOOD, KS66209
A Employer identification number

32-6176805
B Telephone number (see instructions)

(913) 312-5667
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$204,045,463
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 109,021,921
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 9,280,516 8,582,962  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,319,816
b Gross sales price for all assets on line 6a 48,995,912
7 Capital gain net income (from Part IV, line 2)... 1,319,816
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 2,804,816 2,795,271 0
12 Total. Add lines 1 through 11........ 122,427,069 12,698,049 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 56,899 28,450 0 28,449
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 214,360 1,129 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,507 0 0 2,507
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 533,919 533,898 0 2
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 807,685 563,477 0 30,958
25 Contributions, gifts, grants paid....... 6,832,873 6,832,873
26 Total expenses and disbursements. Add lines 24 and 25 7,640,558 563,477 0 6,863,831
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 114,786,511
b Net investment income (if negative, enter -0-) 12,134,572
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 2,119,000 3,460,747 3,460,747
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 101,838 Click to see attachment
List of Attached Documents:
// Content
103,313
103,313
b Investments—corporate stock (attach schedule)....... 59,248,999 Click to see attachment
List of Attached Documents:
// Content
143,439,810
143,439,810
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
27,387,711
Click to see attachment
List of Attached Documents:
// Content
57,041,593
Click to see attachment
List of Attached Documents:
// Content
57,041,593
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 88,857,548 204,045,463 204,045,463
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 88,857,548 204,045,463
29 Total net assets or fund balances (see instructions)..... 88,857,548 204,045,463
30 Total liabilities and net assets/fund balances (see instructions). 88,857,548 204,045,463
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
88,857,548
2
Enter amount from Part I, line 27a .....................
2
114,786,511
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
401,404
4
Add lines 1, 2, and 3 ..........................
4
204,045,463
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
204,045,463
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a NET SHORT-TERM GAIN(LOSS) FROM PARTNERSHIPS, S CORPORATIONS AND OTHER FIDUCI P    
b NET LONG-TERM GAIN(LOSS) FROM PARTNERSHIPS, S CORPORATIONS AND OTHER FIDUCIA P    
c PUBLICLY TRADED SECURITIES P   2025-05-31
d CAPITAL GAINS DIVIDENDS P    
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a     998 -998
b     218,522 -218,522
c 46,503,002   47,456,576 -953,574
d 2,492,910     2,492,910
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       -998
b       -218,522
c       -953,574
d       2,492,910
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 1,319,816
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 168,671
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 168,671
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 168,671
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 183,799
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 183,799
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 15,128
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow15,128 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMO
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowWENDY B MARVIN Telephone no.right arrow (913) 312-5667

Located atright arrow6731 W 121ST STE 206LEAWOODKS ZIP+4right arrow66209
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
LINDA STOWERS TRUSTEE
2.00
0 0 0
6731 W 121ST STE 206
LEAWOOD,KS66209
WENDY B MARVIN TRUSTEE
2.00
0 0 0
6731 W 121ST STE 206
LEAWOOD,KS66209
KATHLEEN STOWERS POTTER TRUSTEE
2.00
0 0 0
6731 W 121ST STE 206
LEAWOOD,KS66209
JAMES E STOWERS III TRUSTEE
2.00
0 0 0
6731 W 121ST STE 206
LEAWOOD,KS66209
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
WENDY MARVIN LAW OFFICE LEGAL 56,899
6731 W 121ST STREET SUITE 206
LEAWOOD,KS66209
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO STOWERS INSTITUTE FOR MEDICAL RESEARCH FOR PUBLIC OUTREACH EDUCATION AND COMMUNICATION PROGRAMS AND TO PROVIDE SUPPORT TO OTHER QUALIFIED CHARITABLE ORGANIZATIONS. 0
2 FINANCIAL SUPPORT IS PROVIDED TO PROGRAMS WHICH ARE APPROVED IN ADVANCE BY THE TRUSTEES IN THEIR ABSOLUTE DISCRETION. 0
3 THERE WERE NO DIRECT EXPENSES INCURRED IN MAKING THESE DONATIONS. 0
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
180,113,941
b
Average of monthly cash balances.......................
1b
10,037,362
c
Fair market value of all other assets (see instructions)................
1c
2,050,427
d
Total (add lines 1a, b, and c).........................
1d
192,201,730
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
192,201,730
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,883,026
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
189,318,704
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
9,465,935
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
9,465,935
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
168,671
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
16,066
c
Add lines 2a and 2b............................
2c
184,737
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
9,281,198
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
9,281,198
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
9,281,198
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
6,863,831
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
6,863,831
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2023
(c)
2023
(d)
2024
1 Distributable amount for 2024 from Part X, line 7 9,281,198
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 118,757
b From 2020...... 798,315
c From 2021...... 271,673
d From 2022...... 1,544,763
e From 2023...... 2,113,257
f Total of lines 3a through e ........ 4,846,765
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 6,863,831
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions).....
0
c Treated as distributions out of corpus (Election
required—see instructions)........
0
d Applied to 2024 distributable amount..... 6,863,831
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 2,417,367 2,417,367
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,429,398
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ...
0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
2,429,398
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 316,141
d Excess from 2023.... 2,113,257
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

CHILDREN'S MERCY HOSPITAL

2401 GILLIAM ROAD
KANSAS CITY,MO64108
NONE PC KIDS FIRST PEDIATRIC GENOMIC PROJECT 500,000

ELEVATE METRO KANSAS CITY

PO BOX 4477
OVERLAND PARK,KS66204
NONE PC GENERAL OPERATIONS 25,000

FIRST CALL

4330 ROCKHILL ROAD
KANSAS CITY,MO64110
NONE PC TO FUND GENERAL OPERATIONS-CIVIC. 175,000

GORDON PARKS ELEMENTARY SCHOOL

3715 WYOMING ST
KANSAS CITY,MO64111
NONE PC TO FUND OPERATION OF THE SCHOOL. 450,000

HIGGINS BROTHERS SUGICENTER FOR HOPE FUND

1055 BROADWAY BLVD SUITE 130
KANSAS CITY,MO64105
NONE PC TO FUND SECURITY SERVICES FOR CAMPUS 50,000

HIGGINS BROTHERS SUGICENTER FOR HOPE FUND

1055 BROADWAY BLVD SUITE 130
KANSAS CITY,MO64105
NONE PC TO FUND GENERAL OPERATIONS 100,000

KANSAS MISSOURI MENTAL HEALTH COLLABORATIVE

6631 MISSION RD
PRAIRIE VILLAGE,KS66208
NONE PC TO FUND GENERAL OPERATIONS 30,000

OPERATION BREAKTHROUGH

3039 TROOST AVE
KANSAS CITY,MO64109
NONE PC GIFT TO ENDOWMENT IN HONOR OF SISTERS BERTA AND CORITA 1,000,000

OPERATION BREAKTHROUGH

3039 TROOST AVE
KANSAS CITY,MO64109
NONE PC TO FUND CAPITAL CAMPAIGN FOR PURCHASE OF NEW BUILDING & FUNDING OF GENERAL OPERATIONS. 133,103

ROSE BROOKS

PO BOX 320599
KANSAS CITY,MO64132
NONE PC TO FUND GENERAL OPERATIONS 300,000

STOWERS INSTITUTE FOR MEDICAL RESEARCH

1000 E 50TH STREET
KANSAS CITY,MO64110
NONE PC GRANT TO PAY FOR PORTRAIT OF FOUNDERS 38,000

UMKC

5000 HOLMES ST
KANSAS CITY,MO64110
NONE PC TO FUND GENERAL OPERATIONS 15,000

UNITED WE

2100 CENTRAL STREET SUITE 11E
KANSAS CITY,MO64108
NONE PC WOMENS' ECONOMIC DEVELOPMENT INITIATIVES 25,000

VPKJL FUND

1005 BROADWAY BLVD SUITE 130
KANSAS CITY,MO64105
NONE PC TO FUND GENERAL OPERATIONS 1,000,000

VPKJL FUND

1005 BROADWAY BLVD SUITE 130
KANSAS CITY,MO64105
NONE PC TO FUND GENERAL OPERATIONS 150,000

VPKJL FUND

1005 BROADWAY BLVD SUITE 130
KANSAS CITY,MO64105
NONE PC TO FUND GENERAL OPERATIONS 500,000

WARREN VILLAGE

1323 GILPIN STREET
DENVER,CO80218
NONE PC TO FUND GENERAL OPERATIONS 250,000

THE PHOENIX

2239 CHAMPA STREET
DENVER,CO80205
NONE PC TO FUND CAPITAL CAMPAIGN 50,000

KANSAS CITY FARM SCHOOL AT GIBBS ROAD

4223 GIBBS ROAD
KANSAS CITY,MO66106
NONE PC TO FUND FARMERS ON THE RISE PROGRAM 100,000

SCRIPPS TRANSLATIONAL SCIENCE INSTITUTE

3344 N TORREY PINES CT
LA JOLLA,CA92037
NONE PC TO FUND MYGENE RANK DEVELOPMENT 250,000

STOWERS INSTITUTE FOR MEDICAL RESEARCH

1000 E 50TH STREET
KANSAS CITY,MO64110
NONE PC GRANT TO PAY FOR PORTRAIT OF MURDERED INSTITUTE MEMBERS 19,000

STOWERS INSTITUTE FOR MEDICAL RESEARCH

1000 E 50TH STREET
KANSAS CITY,MO64110
NONE PC TO FUND COMMUNICATION AND OUTREACH ACTIVITIES AT THE SCHOOL. 1,027,770

VALLEY HOPE FOUNDATION

103 S WABASH AVE
NORTON,KS67654
NONE PC TO FUND BRIDGE TO RECOVERY PROGRAM 250,000

PAWSPERITY

5805 TROOST AVE
KANSAS CITY,MO64110
NONE PC TO FUND GENERAL OPERATIONS 25,000

DENVER SOUTH PTSA

1700 E LOUISIANA AVE
DENVER,CO80210
NONE PC TO FUND GIVING GROCERY PROGRAM 20,000

FORGING YOUTH RESILIENCE

950 S CHERRY ST SUITE 1140
DENVER,CO80246
NONE PC TO FUND CAMP FYR PROGRAM 50,000

OPERATION BREAKTHROUGH

3039 TROOST AVE
KANSAS CITY,MO64109
NONE PC TO FUND GENERAL OPERATIONS 300,000
Total .................................right arrow 3a 6,832,873
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
         
4 Dividends and interest from securities ....     14 9,280,516  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     01 2,804,816  
8 Gain or (loss) from sales of assets other than
inventory ............
    18 1,319,816  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 13,405,148 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
13,405,148
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow
PTIN
Firm's name Right Arrow
Firm's EIN Right Arrow
Firm's address Right Arrow


Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE STOWERS FOUNDATION
 
Employer identification number

32-6176805
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE STOWERS FOUNDATION
 
Employer identification number
32-6176805
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
VIRGINIA G STOWERS REVOCABLE TRUST DTD 10-21-83
 
393 WEST 46TH STREET SUITE 210
 
KANSAS CITY, MO64112

$ 109,021,921


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE STOWERS FOUNDATION
 
Employer identification number

32-6176805
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
AMMC CLO 22, LIMITED SER 22 CL D $ 475,597 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
AIMCO CLO 10 LTD SER CL ARR $ 502,051 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
ANCHORAGE CREDIT SER 3 CL BR $ 434,332 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
ARES XXXIV R CLO SER CL AR3 $ 520,598 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
BBCMS MTG TR SER 2019-BWAY CL D $ 4,268 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
BFLD TRUST 2021-FPM SER 2021-FPM CL A $ 236,502 2024-07-17
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
THE STOWERS FOUNDATION
 
Employer identification number

32-6176805
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
BPR TR 2022-OANA SER 2022-OANA CL A $ 237,272 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
BALLYROCK CLO 2018-1 SER CL D $ 356,356 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
BABSN 2017-1A D SER 2017-1A CL D $ 238,041 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
BARINGS CLO LTD SER CL C $ 230,990 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
BATTALION CLO X LTD SER US CL CR2 $ 341,753 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
BENEFIT STREET SER XII CL A1R $ 420,756 2024-07-17
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
THE STOWERS FOUNDATION
 
Employer identification number

32-6176805
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
CIFC 2014-2RA A1 SER 2014-2RA CL A1 $ 120,975 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
CIFC FUNDING 2018-I, SER 2018-I CL A $ 572,448 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
CIFC FUNDING 2018-I, SER 2018-I CL C $ 239,463 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
CARLYLE GLOBAL SER 2014-1 CL DR $ 236,646 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
CORE 2019-CORE SER 2019-CORE CL B $ 10,475 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
DENALI CAPITAL CLO SER XII CL DR $ 235,174 2024-07-17
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
THE STOWERS FOUNDATION
 
Employer identification number

32-6176805
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
DRYDEN 45 SENIOR SER 45 CL DR $ 238,620 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
ELMWOOD CLO IV LTD. SER IV CL AR $ 501,806 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
FLATIRON CLO 24 LTD. SER 24 CL D $ 483,346 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
FLATIRON CLO 19 LTD SER 19 CL AR $ 712,966 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
GALAXY XV CLO LTD SER XV CL ARR $ 389,346 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
GALAXY XXIV CLO, SER XXIV CL AR $ 12 2024-07-17
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
THE STOWERS FOUNDATION
 
Employer identification number

32-6176805
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
HIGHBRIDGE LOAN SER CL DR $ 118,503 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
LCM XXIV LTD SER CL AR $ 391,404 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
MADISON PARK FUNDING SER CL DR $ 472,783 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
MARATHON CLO XII SER XII CL C $ 494,001 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
OHA CR PATNS VII SER 2012-7R3 $ 476,559 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
OCP CLO 2014-6 LTD SER 2014-6 CL CR $ 519,272 2024-07-17
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
THE STOWERS FOUNDATION
 
Employer identification number

32-6176805
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
OCP CLO 2014-6 LTD SER 2014-6 CL BR2 $ 780,218 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
OCTAGON INVESTMENT SER 33 CL C $ 236,709 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
OCTAGON INVESTMENT 2017-31RR $ 448,520 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
OHA CREDIT PARTNERS SER CL D2R $ 357,380 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
PALMER SQUARE CLO SER CL X $ 495,755 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
ROMARK WM-R LTD. SER WM-R CL A1 $ 842,403 2024-07-17
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
THE STOWERS FOUNDATION
 
Employer identification number

32-6176805
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
SCULPTOR CLO XXVII, SER XXVII CL D $ 356,179 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
SOUND POINT CLO XXII SER XXII CL DR $ 226,876 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
WINDR 2014-1A ARR SER 2014-1A CL ARR $ 299,790 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
THL CREDIT WIND SER 2014-3 CL DR2 $ 232,117 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
VOYA CLO 2013-2 LTD SER 2013-2 CL A1R $ 305,336 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
INGIM 2013-2A CR SER 2013-2A CL CR $ 346,149 2024-07-17
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
THE STOWERS FOUNDATION
 
Employer identification number

32-6176805
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
VOYA CLO 2013-2 LTD SER 2013-2 CL A1R $ 233,219 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
VOYA CLO 2018-2 LTD SER 2018-2 CL D $ 354,233 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
VOYA CLO 2019-1 LTD SER 2019-1 CL AR $ 471,384 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
WIND RIVER 2013-1 SER 2013-1 CL A1R $ 64,073 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
EATON VANCE CLO SER 2015-1A CL DR $ 228,524 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
OZLM XXII, LTD. SER XXII CL C $ 236,293 2024-07-17
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
THE STOWERS FOUNDATION
 
Employer identification number

32-6176805
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
ROCKFORD TOWER CLO SER 2017-3A CL $ 237,705 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
OZLM XVIII LIMITED SER XVIII CL A $ 267,873 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
GALAXY XX CLO SER 2015-20A CL AR $ 329,730 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
VOYA CLO 2015-1 LTD SER 2015-1A CL $ 579,650 2024-07-17
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
AMERICAN CENTURY ONE CHOICE INRETIR CL I $ 11,700,949 2024-07-26
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
AMERICAN CENTURY FOCUSED GLBL GR INVS $ 2,718,768 2024-07-26
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
THE STOWERS FOUNDATION
 
Employer identification number

32-6176805
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
FIDELITY FREEDOM 2025 $ 7,109,779 2024-07-26
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
FIDELITY STRATEGIC DIVIDEND & INCOME $ 10,649,193 2024-07-26
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
FIDELITY FREEDOM 2020 $ 8,400,877 2024-07-26
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
FIMM TREASURY PORTFOLIO: CL I $ 5,337,557 2024-07-26
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
FIMM TREASURY PORTFOLIO: CL I $ 21,220 2024-07-26
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
GUILFORD CAPITAL CREDIT II LP $ 3,505,037 2024-07-26
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
THE STOWERS FOUNDATION
 
Employer identification number

32-6176805
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
GUILFORD CAPITAL CREDIT III LP $ 10,579,068 2024-07-26
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
MANNING & NAPIER RAINIER INTL DISCV I $ 1,684,675 2024-07-26
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
PALMER SQUARE PRIVATE CREDIT FUND $ 4,210,596 2024-07-26
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
PALMER SQUARE OPPORTUNISTIC CREDIT $ 10,225,712 2024-07-26
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
PALMER SQUARE CAPITAL BDC INC COM $ 2,241,118 2024-07-26
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
PALMER SQUARE CAPITAL BDC INC $ 4,115,523 2024-07-26
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
THE STOWERS FOUNDATION
 
Employer identification number

32-6176805
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
PALMER SQUARE PRIVATE CREDIT FUND $ 224,730 2024-08-07
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
PALMER SQUARE PRIVATE CREDIT FUND $ 107,760 2024-08-16
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE STOWERS FOUNDATION
 
Employer identification number

32-6176805
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 InvestmentsCorpStockSchedule
Name:
THE STOWERS FOUNDATION
EIN:
32-6176805
Name of Stock End of Year Book Value End of Year Fair Market Value
AMERICAN CENTURY FOCUSED GLBL GR I 11,399,873 11,399,873
AMERICAN CENTURY ONE CHOICE INRETIR 22,336,758 22,336,758
AMERICAN CENTURY SECURITIES 11,486,157 11,486,157
AIMCO CLO 10 LTD SER 10 CL ARR 1,002,279 1,002,279
ANCHORAGE CREDIT SER 3 CL 789,777 789,777
BARINGS CLO LTD. SER 2024-V CL D1 498,136 498,136
BATTALION CLO X SER US CL 621,260 621,260
BATTALION CLO XI LTD SER XI CL AR 1,000,764 1,000,764
BATTALION CLO XV LTD SER XV CL A1R 1,410,125 1,410,125
BBCMS MTG TR SER 2019-BWAY 3,852 3,852
BENEFIT STREET SER CL D1R 747,334 747,334
BFLD TRUST 2021-FPM SER 429,647 429,647
BPR TR 2022-OANA SER 428,422 428,422
CARLYLE GLOBAL SER 2014-1 CL 427,546 427,546
CARLYLE GLOBAL SER 2012-4 CL DR3 748,126 748,126
CARVAL CLO II LTD. SER II CL AR2 1,462,192 1,462,192
CEDAR FUNDING XII SER XII CL ARR 998,398 998,398
CIFC FUNDING 2018-I SER 2018 -I CL A 751,598 751,598
CIFC FUNDING SER 2022-III CL B 1,000,493 1,000,493
EATON VANCE CLO SER 2015-1A 421,557 421,557
ELEVATION CLO SER 2018-10 CL AR 652,291 652,291
ELMWOOD CLO IV LTD. SER IV CL AR 826,983 826,983
FIDELITY STRATEGIC DIVIDEND & INCOME 21,077,613 21,077,613
FIDELITY FREEDOM 2025 7,581,335 7,581,335
FIDELITY FREEDOM 2020 8,924,253 8,924,253
GALAXY XV CLO, LTD SER XV CL 30,653 30,653
GALAXY XX CLO SER 2015-20A CL 75,305 75,305
GALAXY XXIV CLO, SER XXIV CL AR 1,003,037 1,003,037
HPS LOAN MANAGEMENT SER CL CR 1,002,816 1,002,816
HPS LOAN MANAGEMENT SER CL D3R 247,237 247,237
INGIM 2013-2A CR SER 2013-2A CL 645,629 645,629
MAGNETITE XXVI, SER XXVI CL D1R 991,486 991,486
MAGNETITE XXVIII, SER CL DRR 490,423 490,423
NEUBERGER BERMAN SER 574,981 574,981
OCP CLO 2020-18, LTD SER CL 1R2 751,082 751,082
OZLM XXII, LTD. SER XXII CL C 428,723 428,723
OZLM XVIII LIMITED SER XVIII CL 228,730 228,730
ROCKFORD TOWER CLO SER 430,169 430,169
ROMARK VM-R LTD SER WM-R CL A1 853,686 853,686
REGATTA XVI FUNDING SER CL CR 495,494 495,494
REGATTA XXI FDG LTD SER CL D1R 500,736 500,736
SCULPTOR CLO XXVII, SER CL D 486,977 486,977
THL CREDIT WIND SER 2014-3 CL 430,528 430,528
THL CREDIT WIND SER 2014-1 CL BRR 999,945 999,945
VOYA CLO 2013-1, SER 2013-1 CL 429,318 429,318
VOYA CLO 2013-2 LTD SER 2013-2 CL A1R 175,688 175,688
VENTURE 38 CLO, SER CL ARR 878,370 878,370
WINDR 2014-1A ARR SER 2014-1A CL ARR 31,160 31,160
VOYA CLO 2018-2 LTD SER 2018-2 CL D 633,459 633,459
FIMM TREASURY PORTFOLIO: CL I 14,845,470 14,845,470
LCM XXIV LTD SER CL AR 58,785 58,785
VOYA CLO 2019-1 LTD SER 2019-1 751,265 751,265
FLATIRON CLO 24 LTD. SER 24 CL D 868,795 868,795
PALMER SQUARE CLO SER 2018-2 CL CR 996,850 996,850
PALMER SQUARE CLO SER 2018-1 CL X 745,737 745,737
ARES XXXIV R CLO SER CL AR3 940,243 940,243
ARES XXXIX CLO LTD. SER XXXIX CL AR3 1,002,652 1,002,652
UPLAND CLO LTD SER CL AAR 539,534 539,534
MARBLE POINT CLO LTD SER 2019-15R2 497,570 497,570
TRESTLES CLO VI, LTD SER VI CL A1R 997,000 997,000
PALMER SQUARE CAPITAL BDC INC COM 11,353,508 11,353,508

TY 2024 InvestmentsGovtObligationsSch
Name:
THE STOWERS FOUNDATION
EIN:
32-6176805
US Government Securities - End of Year Book Value:

103,313
US Government Securities - End of Year Fair Market Value:

103,313
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 LegalFeesSchedule
Name:
THE STOWERS FOUNDATION
EIN:
32-6176805
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 56,899 28,450 0 28,449


TY 2024 OtherAssetsSchedule
Name:
THE STOWERS FOUNDATION
EIN:
32-6176805
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
WATERCREDIT INVESMENT FUND 3 1,180,344 1,165,667 1,165,667
PALMER SQUARE CAPITAL BDC INC. 6,314,392 0 0
PALMER SQUARE OPPORTUNISTIC CR 4,633,305 16,363,883 16,363,883
GUILFORD CAPITAL CREDIT II OFF 2,727,710 7,079,491 7,079,491
GLOBAL ACCESS OFFSHORE FUND 914,294 855,329 855,329
PALMER SQUARE PRIVATE CREDIT FUND 3,274,589 10,387,887 10,387,887
GUILFORD CAPITAL CREDIT III LP 8,343,077 21,185,589 21,185,589
GKB GROWTH EQUITY FUND II LP 0 3,747 3,747


TY 2024 OtherExpensesSchedule
Name:
THE STOWERS FOUNDATION
EIN:
32-6176805
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 5 3 0 2
FIDELITY #1198 TRANSACTION FEE 30 30 0 0
INVESTMENT EXPENSES 533,865 533,865 0 0
KS TAX PENALTY 19 0 0 0


TY 2024 OtherIncomeSchedule2
Name:
THE STOWERS FOUNDATION
EIN:
32-6176805
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
GLOBAL ACCESS OFFSHORE FUND - ORDINARY INCOME 57,994 57,994  
PALMER SQUARE BDC ADVISOR - ORDINARY INCOME 61,913 61,913  
PALMER SQUARE PRIVATE CREDIT FUND - ORDINARY INCOME 80,052 80,052  
FEDERAL TAX REFUND 9,545 0  
GUILFORD III - ORDINARY INCOME 2,530,312 2,530,312  
WATERCREDIT INVESTMENT FUND III - ORDINARY INCOME 65,000 65,000  


TY 2024 OtherIncreasesSchedule
Name:
THE STOWERS FOUNDATION
EIN:
32-6176805
Description Amount
ADJUSTMENT TO FAIR MARKET VALUE 401,404


TY 2024 SubstantialContributorsSch
Name:
THE STOWERS FOUNDATION
EIN:
32-6176805
Name Address
VIRGINIA G STOWERS REVOCABLE TRUST DTD 10-21-83
 
393 WEST 46TH STREET SUITE 210
KANSAS CITY,MO64112


TY 2024 TaxesSchedule
Name:
THE STOWERS FOUNDATION
EIN:
32-6176805
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
US TREASURY 2024 EST. PMTS 207,200 0 0 0
US TREASURY 2023 PMTS 6,031 0 0 0
STATE 2023 PMTS 1,129 1,129 0 0